The donation is part of a US$3 billion fund, put together by world leaders and charities, to tackle the simple yet deadly diseases.
Gates, sitting next to British PM Gordon Brown at the United Nations, trumped Britain's pledge of £40 million to support the cause.
Britain's donation will be used to support the supply of affordable medicines, at least £5 million a year to support research and offered to supply 20 million of the 125 million mosquito nets needed in affected areas.
"We need innovation, new drugs, and the most dramatic thing we need is vaccine," Gates told the BBC. "If we build on this momentum, we can save million of lives and chart a long-term course for eradication of this disease."
According to the World Health Organisation, malaria still kills more than a million people every year and it is hoped that the money will seriously reduce this figure by providing better and more affordable medicines in the next three years.
$3 billion pledged to wipe out malaria
By
Stewart Meagher
on Sep 29, 2008 2:59PM
The Bill and Melinda Gates Foundation donated over US$168 million to wipe out malaria and other deadly diseases by 2015.
Got a news tip for our journalists? Share it with us anonymously here.
Partner Content
Promoted Content
Critical considerations for moving to the cloud
Promoted Content
How UniSuper used BiZZdesign to accelerate its digital transformation
Promoted Content
Five ways Russian cybercrime tactics have changed
Promoted Content
Why IT spending should be transformational, not just transactional
Sponsored Whitepapers
Understanding the next security control points: applications and workloads
Best security practices after rapid Digital Transformation
The CISO View 2021 Survey: Zero Trust and Privileged Access
How and why to backup your Office 365 tenant
ForgeRock for Australia’s Trusted Digital Identity Framework (TDIF)
